BASIC ATTENTION TOKEN - BAT/USD - 1H - Technical analysis published on 01/28/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
56%
17%
28%
My opinion
Bullish above 0.828045 USD
My targets
0.878326 USD (+2.40%)
0.971869 USD (+13.30%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on BASIC ATTENTION TOKEN - BAT/USD as long as the price remains well above 0.828045 USD. The buyers' bullish objective is set at 0.878326 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.971869 USD. If there is any crossing, the next objective would be the resistance located at 0.983302 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
7.3
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
BASIC ATTENTION TOKEN - BAT/USD rating 0.857764 USD. The price has increased by +2.76% since the last closing and was between 0.817175 USD and 0.878257 USD. This implies that the price is at +4.97% from its lowest and at -2.33% from its highest.0.817175
0.878257
0.857764
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of BASIC ATTENTION TOKEN - BAT/USD in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, 10 technical indicators on 18 studied are currently positioned bullish. Other results related to technical indicators were also found by the Central Indicators scanner:
Aroon indicator bearish trend
Type : Bearish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.762632 | 0.800501 | 0.828045 | 0.857764 | 0.878326 | 0.983302 | 1.111200 |
| Change (%) | -11.09% | -6.68% | -3.46% | - | +2.40% | +14.64% | +29.55% |
| Change | -0.095132 | -0.057263 | -0.029719 | - | +0.020562 | +0.125538 | +0.253436 |
| Level | Major | Intermediate | Minor | - | Intermediate | Major | Minor |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.699825 | 0.734790 | 0.784771 | 0.819736 | 0.869717 | 0.904682 | 0.954663 |
| Camarilla | 0.811393 | 0.819180 | 0.826966 | 0.834753 | 0.842540 | 0.850326 | 0.858113 |
| Woodie | 0.707334 | 0.738544 | 0.792280 | 0.823490 | 0.877226 | 0.908436 | 0.962172 |
| Fibonacci | 0.734790 | 0.767239 | 0.787286 | 0.819736 | 0.852185 | 0.872232 | 0.904682 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.162095 | 0.416279 | 0.566982 | 0.821166 | 0.971869 | 1.226053 | 1.376756 |
| Camarilla | 0.606341 | 0.643456 | 0.680570 | 0.717685 | 0.754800 | 0.791914 | 0.829029 |
| Woodie | 0.110355 | 0.390409 | 0.515242 | 0.795296 | 0.920129 | 1.200183 | 1.325016 |
| Fibonacci | 0.416279 | 0.570946 | 0.666499 | 0.821166 | 0.975833 | 1.071386 | 1.226053 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.513660 | 0.750880 | 0.977770 | 1.214990 | 1.441880 | 1.679100 | 1.905990 |
| Camarilla | 1.077030 | 1.119573 | 1.162117 | 1.204660 | 1.247203 | 1.289747 | 1.332290 |
| Woodie | 0.508495 | 0.748298 | 0.972605 | 1.212408 | 1.436715 | 1.676518 | 1.900825 |
| Fibonacci | 0.750880 | 0.928170 | 1.037700 | 1.214990 | 1.392280 | 1.501810 | 1.679100 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 57.05 | |
| MACD (12,26,9): | 0.0059 | |
| Directional Movement: | 3.907294 | |
| AROON (14): | -42.857142 | |
| DEMA (21): | 0.853411 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.874019 | |
| Elder Ray (13): | 0.007337 | |
| Super Trend (3,10): | 0.807725 | |
| Zig ZAG (10): | 0.859080 | |
| VORTEX (21): | 1.0588 | |
| Stochastique (14,3,5): | 48.11 | |
| TEMA (21): | 0.852064 | |
| Williams %R (14): | -32.90 | |
| Chande Momentum Oscillator (20): | 0.005583 | |
| Repulse (5,40,3): | 2.2725 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1305 | |
| Courbe Coppock: | 1.93 |
| MA7: | 0.789676 | |
| MA20: | 0.931269 | |
| MA50: | 1.087478 | |
| MA100: | 1.097933 | |
| MAexp7: | 0.849592 | |
| MAexp20: | 0.844688 | |
| MAexp50: | 0.829783 | |
| MAexp100: | 0.815222 | |
| Price / MA7: | +8.62% | |
| Price / MA20: | -7.89% | |
| Price / MA50: | -21.12% | |
| Price / MA100: | -21.87% | |
| Price / MAexp7: | +0.96% | |
| Price / MAexp20: | +1.55% | |
| Price / MAexp50: | +3.37% | |
| Price / MAexp100: | +5.22% |
Quotes :
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Real time data
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Cryptocompare
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